In turn, they have had to tighten their belts and stop giving loans including current, necessary to run the economy. Neither the redemption of the Federal Reserve and central banks has prevented the mortgage crisis from becoming a widespread economic crisis, which can be seen also in international trade. When renegotiated the foreign debts of impoverished countries, the clause imposed on them, whereby in IMF forced governments to implement structural adjustment measures, including a substitution economy. It was no longer the country that decided what was going to produce, both in the textile sector, as the meat industry, fishing or removing the cereal plant flowers, or plant corn for biofuels. National currency was devalued to establish competitive advantages. The buyer is foreign and cheaper production. But as it does so with all producer countries, just all at a disadvantage unless the purchaser of the rich north.

What the country sold abroad fell in price while it buys up through the roof. After services are offered companies from the North they sell the electricity, telephone, or hospitals at prices that are strangling the local economy and family. Adjustment plans were plummeting literacy rates, health, and hope for the future of many peoples. Eduardo Galeano argues that money has more freedom than humans. In this vicious circle of transformations, there is no international mechanisms to protect citizens, no one is opposed to economic power. Media, university presidents, many of them are purchased or handled. The truth is the crime perfect according to the French thinker Baudrillard. One of these truths is that the basic needs of the world could be covered with 80 billion dollars.

Is the equivalent of 20 days of military spending in the world, 5% of what they earn the 250 richest people on the planet. We face the task of regenerating the human being and his values. It is shortsighted and arrogant to consider that our historical time is the time. Many of those who came before you made it possible for an end to evils such as slavery in many societies. Work so that those who come to fish with the networks of solidarity that we have created. Let the pessimism for better times. Maria Jose Atienzar Journalist Solidarity Center Collaborations (CCS) is a service of social awareness of the NGO Solidarity, with the objective of informing and educating the society and media professionals on issues of solidarity, social justice, by a culture of peace, human rights, with special emphasis on the fight against poverty, exclusion and environmental protection. The CCS part of the fundamental need to integrate information and communication development as an element of cooperation. Through its analysts made articles in professional format high-quality journalism adapted to the spaces of the media and disseminated through their international networks. In the CCS website (found all items, developed to date, classified by topic.

This is what you can do The possibility of losing their homes because they can not meet their mortgage payments can be terrifying. Perhaps you are one of the many consumers who took a mortgage at a fixed rate applicable during the first two or three years and that after he began to apply an adjustable rate. Or maybe you're anticipating an adjustment in interest rate and amount you want to know how much your monthly payments and whether or not be able to pay the fees. Or maybe you are having trouble making ends meet due to a financial crisis not related to your mortgage. Read additional details here: Itron. Whatever the reason that your mortgage is causing anxiety, the FTC (Federal Trade Commission, FTC), the national agency for consumer protection, wants you to know what you can do to save your home and how to recognize and avoid foreclosure scams (foreclosure scams).

Know your mortgage Do you know what type of mortgage you have? Do you know if your shares will rise? If these questions can be answered by reading the documents you received at closing when he bought the property, contact the entity that administers the mortgage (loan servicer) and ask any questions it deems necessary. The administrator of your mortgage lender is responsible to collect monthly payments and responsible credit your account. Here are some examples of the most common types of mortgages: adjustable-rate mortgage Combined (Hybrid Adjustable Rate Mortgages, ARMs): This is a mortgage that will be canceling payment through fixed quotas during the first years and then becomes a variable rate loan.

Debt consolidation mortgage refinance is a kind of special technique for handling debt and loans. Actually you use the property that is available in your home to pay colateteralizados loans such as credit cards or medical bills. Because the cause for debt consolidation is usually lacking in the capacity of regular payments on all obligations at home, rarely feels as good as when you get a loan to pay off other smaller loans. However, there are positive aspects in the mortgage process. For example, it is easier to be aware of the date of payment of a monthly payment of several. Understand the language of the loan despite other studies and research on the benefits debt consolidation by refinancing your mortgage is to understand the special terms and use of language that is unique in the mortgage services industry. For example, you need to know and understand the terms rate, principal, points ball, ARM and other words that define the structure and unique features of your loan. If there is a term you do not understand, is minding the answer before signing on the last line.

Choose the right lender choosing the right lender for debt consolidation by refinancing your mortgage is very important to the whole process is positive. An expert staff will be able to help and guide you through the loan process. The lender can answer your questions, guide you in the right direction for the acquisition of a refinance on your mortgage that contains good terms for yourself who is the borrower. Make sure the lender is experienced and has the financial ability to properly process your loan. Pay no more than prudent borrower will review each increase in their obligations to avoid situations where it will need debt consolidation mortgage refinancing. The borrower should not get more obligations than you can repay existing resources. Refinancing makes sense in a situation where the borrower has an extension, it would be a good choice in other cases, but the borrower will need to review your situation to decide the best tactics.

Factors to consider are the resources available on the earnings, assets and existing obligations and other factors such as earnings potential, age of the borrower and the value of the property in question. Structure the loan to suit your structure the rules to suit by the rules of the loan application. Factors to review include the value of the original mortgage, if property values increase or decrease and even the details of the overall economy of the community and neighborhood. The age of the borrower is critical to assess the ability to pay. This can play for or against delivery rates and the ability to acquire the loan first.

Interest rates are fixed and variable popular when it comes to mortgages, although other types of loans such as balloon loans and loans backed by the government that offer both types of interest as well. Interest rates are fixed and variable popular when it comes to mortgages, although other types of loans such as balloon loans and loans backed by the government that offer both types of interest as well. Prices vary in contrast to fluctuate in response to changes in national rates. It is directly proportional to the national rates, therefore, when the national collection rates, variable rates rise and when it falls so do the variable rates. It is the most common type of interest rate used for small loans and credit cards.

With the prediction of variable pay rates of the lump sum is difficult, which could increase to several times that the payment could have been done in a few months. However, the monthly payments remain fixed and final payment can be a different amount, due to the fluctuation of interest that has accrued over the loan. Regardless of changing domestic interest rate, fixed interest rates remain unchanged. Used as part of an introductory offer, usually replaced by the higher fixed rate or variable rates after six months of the term of the loan. The alternative to change a fixed interest rate through refinancing is – get a fixed rate lower or variable interest rate on the new loan agreement. Fixed interest rate provides a guarantee against the rise in domestic rates, borrowers have an advantage of comparatively low pay, if they are blocked by a fixed rate below the current national rate. This makes it easy to manage the budget in case of succession of loan payments is unequivocal.

However, disadvantage is that the national rates have come down, borrowers end up paying more interest on your mortgage. Mortgage loans are available for borrowers with fixed rate and adjustable. Lenders take into account the key factors that influence their decisions on loans to one borrower. These factors include credit report, outstanding credit, credit card accounts, down payment, income, interest rates, funds available and the debt / income. Furthermore, the supply and demand, interest rates, demographics and economic growth relative influence of the mortgage industry. Credit in North America and some Caribbean countries, borrowers obtain mortgage financing by submitting a loan application in connection with documents relating to the borrower, or the insurer's financial history of the bank. Alternatively, the borrower may have the same documents to a mortgage broker, who then assess the information and provides the borrower with the best possible options for funding of the mortgaged property. Often, borrowers unsuspecting prey to unscrupulous money lenders or intermediaries in-cash to the borrower's situation and the work of the situation in their favor, while the elimination of liability mortgage on the property and the strength of homeowners in foreclosure. Mortgaged properties imposed restrictions on the use or disposal of property as the sale of the property before closing to pay the outstanding debt. The properties are secured under the mortgage to force the borrower to make a predetermined set of loan payments. A borrower can obtain mortgage financing from a financial institution like banks. Components such as loan size, maturity of the loan, the interest rate and loan payment method differs significantly from creditor to another. Factors and variables that influence mortgage financing

The debt of credit cards is a major problem. Everyone has a credit card, which give some flexibility and balance. The interest rate is usually around between 20% and 30% APR, which is outrageous but it is what it is. These high interest rates make it difficult for most people to pay the debts generated by these cards. With debts reunification services is achieved by paying less each month and have more money. Reunify all credit card debt, credit, loans and even mortgages in one payment and reduce debt is a great benefit and gives a certain balance.

This must be borne in mind that the only way is reunifying mortgage or housing. This debt management is very common and is used by thousands of people each year to cope with large amounts of debt. This system is also known as debt consolidation, because it involves consolidating all your debts into one plan, one monthly payment. To reunite All credits are companies that establish new agreements reunification with all banks, savings banks, entities, … so we pay less each month. If you want to hire you must have a reasonable income to pay the amount to be determined, so if you choke the reunification of debts can be a solution but be careful as to expand too much debt can be a big problem in the long term. The good thing about hiring a reunification of credits you no longer have to pay the savagery of those 20 to 30% APR credit cards and some loans that often have less than 15% interest. Yes, be careful when hiring debt reunification.

This will prevent the borrower to borrow in the future. County Court Judgement registered by the County Courts keep records of bad credit, for a period of six years. This can be reviewed if the customer pays the debt within a month of the sentence. A delay can make the decree absolute. Individual voluntary arrangements are another form of bad credit that disqualifies customers get good deals on loans and mortgages. Individual or voluntary agreements for short-URI is a measure that saves individuals with the weight of the bankruptcy.

The individual or official receiver, trustee or the bankruptcy courts may ask the creditor for URI. Through this agreement, the debtor may order an agreement to pay the debt through a clear plan within a period which normally extends to five years. Since this is a legal agreement, both debtors and creditors are bound by it. The failure of the debtor at any point of time entitles the creditor to take action against the other party. Although IVAS result in the repayment of debt will damage the credit of the borrower. However, URI are suitable only for those who think they can pay the debt in full by making small monthly payments.

If not, or if the debt is a significant figure, then bankruptcy is the only solution. Even more painful than the borrower will have to lose most of their belongings, this will of the client’s debts in the shortest time (two to three years is the normal fee). The bankruptcy courts negotiate debt settlement with creditors, and make payments after liquidating the assets. The credit file, however, including the name of the borrower, among cases of bad credit for about six years. Just as we plan our work program is vital to the amortization of the loan or mortgage. A certain amount of insurance paid with loan repayments, will ensure that the loan is paid in full. This is known as loan protection. Mortgage Protection is available in a similar manner to ensure that the mortgage is paid in full. These are in addition to monthly charges but offer peace of mind. The debt consolidation loans can help curb the menace of debts. Although many lenders reject a loan application, some are willing to take the risk. They settle all debts incurred by the individual through a single loan. However, we must avoid the trap of borrowing from debt consolidation to high interest rates. This alone will save you from danger, only to push you into having another. Last but not least, the options for debt management performed by the individuals themselves. One must learn to live by the limits. Taking too many loans or mortgage finances will only get worse. So the next time a plan or mortgage loan, think twice. Taking the advice of independent consultants on the number and type of loan or mortgage a long way in improving your financial health.

"But we still have not done, why something will be?", He adds. The correct form, another way to escape cases of Jose Miguel or confirm that it is possible to consider the deal if the accompanying financial situation and you're willing to go where needed. In fact, according to point in the firm headed by attorney Martin Carmelo Seville is taken over part of the claims with some success, it is best to get a settlement, because going to court is to assume a fairly high cost that many customers, even those in good financial situation, they may undertake. But it is also possible to get out of this situation by reviewing the contract it signed with the entity, because in some cases, as has happened with La Caixa, or more recently in Caixa Galicia, the contract has been resolved in favor of the customer for defects, such as the lack of any signature on the document itself or in the test MiFID reporting on the risks of the product that is being contracted. From the Catalan organization insist on the normality of these decisions and explain that when these defects are present in other products, promote its policy passes to the customer. And ultimately, there is always legal action, something that is seriously considering Javier Blanch, graphic arts business and your business affected by a product of Banco Sabadell. "I have clearly sue the bank and the director of the professional process if I return the money.

I'll go for it because I just try to print, I'm not financial speculator, "he says. However, leaving does not arise because its operating entity is interested and expects the bank will raise a negotiation. It is also open to negotiate Torijano Joseph, patron of the Caixa, which pays 400 euros and 300 penalty fee for a mortgage of 104,000 euros, but does not hesitate to sue if necessary, although the lawyer and going to cost you money. Susana shows less optimistic, Bankinter client, who has his hopes for a trial that could extend two or three years.